Adjusted:

Balance Sheet

Closing Entires

Income Statement

The general ledger of Red Stom Cleaners at January 1, 2024, inctudes the following account balancet: The following is a summary of the transactions for the year. 1. March 12 Provide services to custosers, $60,000, of which $21,909 is on 2. May 2 collect on accounts receivable, $18,0a02. 3. June 30 Issue shares of cotnon stock in exchange for $6,0e2 cash. 4. August 1 Pay salaries of 57,500 from 2023 (prior year). 5. September 25 Pay repairs and maintenance expenses, $13,000. 6. October 19 Purchase equipnent for $8,000 cash. 7. Decenber 30 Pay $1,100 cash dividends to stockholders. Required: 2. Record each of the summary transactions listed above. 4. Prepare an unadjusted trial balance. 5. Record adjusting entries. Accruod salasies at year-end amounted to $19.600. Depreciation for the year on the equipment is \$5,000. Oflice supplies remaining on hand at the end of the year equal $1,200 7. Prepare an adjusted trial bolance. 8-a. Prepare the income statement for the year ended December 31, 2024 8-b. Prepare the classified balance sheet for the yoar ended December 31, 2024, 9. Record closing entrios. 1. 3, 6, 8 10. Post the transactions, adjusting entries and closing entries to the Taccounts. Be sure to include beginning balances: 11. Prepare a post-closing trial balance. Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare a post-closing trial balance